Bittrex crypto exchange - 2021 review | Finder UK

Review: Bittrex Global cryptocurrency exchange

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Trade on Bittrex Global to find a wide range of crypto-to-crypto markets.

  • Good for straightforward trading without superfluous features
  • Not so great for high volume traders who want tiered fee discounts

1

Fiat currencies

274

Cryptocurrencies

Details

Product Name Bittrex Global
Fiat Currencies USD
Cryptocurrencies BTC, ETH, ADA, BSV, ALGO, BCH, LINK, LTC, PAX, XRP & 260+ more
Deposit Methods Bank transfer (ACH)
Trading Fee 0.25%
Deposit Fees None
Withdrawal Fees Fees vary

Pros

  • Large selection of altcoins
  • Good security record
  • Easy to use
  • Automated features

Cons

  • Long verification process
  • Slow response time to customer service issues
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Learn more about Bittrex

What fiat and cryptocurrencies are supported?

  • Supported fiat currencies: USD
  • Supported cryptocurrencies: Approximately 274 cryptocurrencies

Which payments methods are accepted?

  • Bank transfer (ACH)

What’s it like to use Bittrex?

Fees and limits

The fees below are accurate as of 1 July 2020.

Bittrex Global trading fees are fixed at 0.2% per trade up to $50,000, and then a sliding fee structure that offers lower rates as users trade more.

How fast will my funds be available?

Deposits

Clock icon for transfer speed

Same day

Cryptocurrency deposits may take several minutes to several hours to complete, depending on the network status at the time and on your transfer fees.

Withdrawals

Clock icon for transfer speed

Same day

Cryptocurrency withdrawals may complete in a few minutes, or a few hours, depending on the situation.

Is Bittrex Global safe to use?

  • Regulation. Bittrex Global is a European company located in Liechtenstein. It complies with applicable European laws that regulate cryptocurrency exchanges and AML/KYC obligations.
  • Verification process. Verification is required for trading on Bittrex Global.
  • Security features. Bittrex follows industry best practices such as keeping the majority of user funds in cold storage.

There are no known instances of Bittrex being hacked; however, individuals have lost funds after being personally targeted through SIM swapping attacks. Some victims of SIM swapping have accused Bittrex of negligence, after it failed to prevent transactions that, according to the victims, should have been regarded as suspicious.

How do I create an account at Bittrex?

Back to top

What else do I need to know about Bittrex?

While Bittrex Global is based in Liechtenstein, Bittrex itself was founded in the USA, and through its USD markets, it serves a wide range of users.

In a nutshell

Pros

  • Simple fee structure. Bittrex’s trading fees are simple and straightforward.
  • API trading available. Users can trade with bots and other custom systems through the Bittrex API.

Cons

  • Limited fiat offerings. Bittrex only offers fiat deposits on special request to eligible users.

Compare Bittrex against other exchanges

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Warning: your capital is at risk. The value of investments can fall as well as rise, and you may get back less than you invested. Past performance is no guarantee of future results. This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.
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Use your USD, EUR or RUB to buy and sell cryptocurrency at competitive exchange rates and with high maximums for verified accounts.
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Frequently asked questions

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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